NEW IN BITCOINS, I'M GOING CRAZY

in #introduceyourself6 years ago (edited)

I am trying to get into cryptocurrencies and now I see news like this: Bitconnect has formally closed its cryptocurrency loan and exchange platform following warnings from regulators in Texas and North Carolina. The Bitconnect digital currency (BCC) today has a 87% drop and a 93% drop on December 29, of $ 437. At the time of this edition, the BBC is trading at only $ 30.

Many in the digital coin community have called the Bitconnect a Ponzi scheme (I can not help but think of Madoff), including the founder of Ethereum, Vitalik Buterin, according to TechCrunch. These accusations are based on the multi-level referral system and the promise of up to 40% of the interest earned, plus a bonus of up to 0.25% per day, for each loan. The promise of high risk-free profitability is usually typical of a scam, because if it sounds too good to be true, it probably is.

Now what do I do? Towards there we go ?? Is it better to be a miner? in what currency? ... It's to go crazy !!! I await your opinions .....

************ ESPAÑOL *************

Estoy tratando de incursionar en cryptomonedas y ahora veo noticias como esta: El Bitconnect ha ha cerrado formalmente su plataforma de préstamos e intercambios de criptomonedas tras advertencias de reguladores de Texas y Carolina del Norte. La moneda digital Bitconnect (BCC) hoy tiene una baja de 87% y del 93% de su alta del 29 de diciembre, de $437. Al momento de esta edición, el BBC está cotizando a solo $30.

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Muchos en la comunidad de monedas digitales han llamado al Bitconnect un esquema Ponzi (no puedo evitar pensar en Madoff), incluyendo al fundador del Ethereum, Vitalik Buterin, según TechCrunch. Estas acusaciones se basan en el sistema de remisión de múltiple nivel y la promesa de hasta un 40% de los intereses ganados, además de una bonificación de hasta 0,25% por día, por cada préstamo. La promesa de alta rentabilidad libre de riesgo suele ser típica de una estafa, pues si suena demasiado bueno para ser verdad, probablemente lo es.

Ahora bien que hago?? Hacia allá vamos ?? es mejor minar? en que moneda? ... Es para volverse loco!!! Espero sus opiniones.....

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Looks like you're into mining. Okay, let me spill a little bit of information, because there's so much to learn about mining.
You always want to GPU mine, or above, never CPU mine. GPU is the video card in your computer -- if you have a laptop, forget about mining. The best thing to do is to build your own "tower" without a case for good air-flow, with a motherboard that supports 5-6 PCIe slots (for GPU). This could cost from $300 to $800 just for the base. After building the base, you need to add GPUs, which go around $500 to $800 at the time of this post. After that, you have 2 mining options: profitability or gamble. For profitability, I'd use a profitability calculator for your desired coin, with your GPUs provided hashrate. With the gamble method, you're going to lose money immediately on power, but you'll be accumulating a large amount of worthless altcoins (what you're trying to do is accumulate 100s of worthless coins and hold until they become worth something, then sell). I suggest for profitability, Monero (XMR), or gamble, DigitalNote (XDN).

Thank you very much for answering, which gpu you recommend for monero?

Well when mining, its all the same computer parts, no matter what you mine. I suggest the Nvidia GTX 1080. Go to pcpartpicker, and itll tell you if the computer parts will work together.

Hi, what a nice post, i followed, please follow back. :-)

Nice post there but what happen to those into crypto

hello thank you, I do not know what is better or be a miner or buy a coin (the question is which one should be bought)

I'm new too...and I'm truly a newbie with this stuff. At the moment, I'm just going to hang in and see. AND I'd like to keep an eye on the answers you get.

I can help you out :) ill be making a blog post to beginners, so make sure to follow me so you can see it.

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